Zip 29940 (Seabrook, SC) Economy


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29940 Seabrook, SC is a great place to rent or own a home. The cost of two bedrooms for rent in 29940 Seabrook, SC is $1,180 compared to the national average of $1,430. Additionally, the grocery cost index in 29940 is 101 versus 100 in the US making it an affordable place to live. \nLocal companies such as Lowcountry Produce, Canabec Construction Inc., and East Coast Concrete Services provide great employment opportunities within the area. Pros of living in 29940 Seabrook include affordable housing and groceries, ample employment opportunities, and access to recreational activities like fishing and swimming at nearby beaches. Cons include high crime rates; however efforts are being made by local authorities to reduce this number.

Seabrook (zip 29940) has an unemployment rate of 4.1%. The US average is 6.0%.

Seabrook (zip 29940) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.

Tax Rates for Seabrook (zip 29940)
- The Sales Tax Rate for Seabrook (zip 29940) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Seabrook (zip 29940) is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Seabrook (zip 29940)
- The average income of a Seabrook (zip 29940) resident is $18,560 a year. The US average is $28,555 a year.
- The Median household income of a Seabrook (zip 29940) resident is $45,902 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeabrook, South CarolinaUnited States
  4.16
  -3.1%-6.2%
  38.3%33.5%
  6.0%6.2%
  7.0%4.6%
  $27,696$37,638
  $45,902$69,021
  $61,818$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.4%6.8%
  7.7%10.0%
  0.6%2.5%
  19.6%11.0%
  3.2%4.8%
  0.0%0.8%
  1.9%1.9%
  0.3%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  8.5%4.2%
  10.8%9.3%
  12.6%14.0%
  0.8%2.1%
  9.8%7.0%
  8.7%4.8%
  3.9%4.7%
Health